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Built in 1972 - 399 units - 5 floors

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Building Information

Tropic Bay

Number of units: 399
Active listings for rent: 3
Active listings for sale: 16
Building inventory for sale: 4%
Number of sales over the last 12 months: 17
Number of sales over the last 6 months: 7
Number of sales over the last 3 months: 3
Avg. time to close over last 12 months: 105 days

Address

901-931 Gardenia Dr, Delray Beach, Palm Beach, FL, 33483

Tropic Bay Condominium
Address: 2801 Florida Blvd,
Delray Beach, FL 33483
Phone: +1 561-272-1094

Link: https://tropicbayfl.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
443 1,200 sq ft Nov 2025 $365,000 $304
414 1,200 sq ft Oct 2025 $518,000 $432
358 1,200 sq ft Oct 2025 $375,000 $313
530 1,200 sq ft Sep 2025 $278,000 $232
371 1,200 sq ft Aug 2025 $260,000 $217
255 1,200 sq ft Aug 2025 $130,000 $108

Market Information

Building vs Area

Tropic Bay: $301/sq. ft.
Delray Beach: $353/sq. ft.

Area vs City

Delray Beach $353/sq. ft.
Palm Beach $452/sq. ft.

Inventory for sale

Delray Beach: 3%
Palm Beach: 3%

Avg. time to close over last 12 months

Tropic Bay 105 days
Delray Beach: 75 days
Palm Beach: 77 days